Ormonde Durham III
Van Hornesville, NY (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Opto Generic Devices Inc.
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Startup
Location:
Van Hornesville
Industry:
Technology/Web
Year Founded:
1987
Number Employees:
10-50 people
Business Stage:
Growth (profitable)
Entity Type:
"C" Corporation
Description:
We are a high tech R&D technology and manufacturing company. We have a number of worldwide patents and technology firsts that revolve around a new type of computing that uses Optical Wave Computers. This is a newly invented and patented “Analog Computing” approach that uses light waves and vectors as opposed to the traditional digital computer method that uses digital bits and bytes.
We have also reduced to practice, manufacture and sell a very cost competitive line of energy saving electricity control products that use our patented analog optical computers. Electric motors and items they power; pumps, compressors, fans and machines can be made smarter, more efficient and lower cost when upgraded with our products and technology.
Experts from the U.S. Dept of Energy, universities, industry and others have all studied, tested, confirmed and advocated the revolutionary and real impact of our technology and products. But of much more note; 1000s of nationwide customer installations have confirmed the improved motor and machine, operation and control while saving significant energy.
We are looking for new capital and investors to co-fund the expansion of our product sales from 1000s per year to 1000s per week. We also are seeking new joint ventures, corporate partners and sponsors to employ and extend the technology into new products, markets and industries.
Investors capable of providing $10 million in funds and able to respond with thorough timely due diligence and balanced terms will find not just a unique, ready business opportunity, but multiple paths to returns and growth that has few rivals.